The pattern is harder to see because the China mining ban prevented the normal blowoff top in 2021. Instead it was basically inverted.

This time around 2025 (like 2017 & 2021) should be the real bull market. Halving years (2016, 2020, & now 2024) are generally decent, but usually include a solid amount of down to sideways movement. Even if this year ends up being unusually good, there is still room for a lot of chop between now & the upward moves that are likely to come later in the year.